Kyoto Inspired Emissions Trading Doing Well

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The Toxic Texan has arrived at the G-8 meeting, where he has been stating that Kyoto does not work, and that limits on emissions would destroy America's economy – which are nonsense. First and foremost, many of Kyoto's difficulties are due to President Bush's intransigence in not signing the treaty. It is fair, just and equitable that rich countries limit emissions before poor countries. Kyoto was not meant to be the end all of international climate policy. While Kyoto's existing emission cuts are inadequate to stop climate change, it sets important precedents